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Rockwool AS (OCSE:ROCK A) 6-Month Price Index : 1.64 (As of May. 25, 2024)


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What is Rockwool AS 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-25), Rockwool AS's 6-Month Price Index is 1.64.

Competitive Comparison of Rockwool AS's 6-Month Price Index

For the Building Products & Equipment subindustry, Rockwool AS's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rockwool AS  (OCSE:ROCK A) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rockwool AS  (OCSE:ROCK A) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Rockwool AS 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Rockwool AS's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Rockwool AS (OCSE:ROCK A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rockwool AS (OCSE:ROCK A) » Definitions » 6-Month Price Index
Comparable Companies
OCSE:WMA TT CARR JCI XPAR:SGO TSE:6367 BLDR CSL XSWX:GEBN LII DUB:KRX MAS OC WMS TREX OSTO:NIBE B FBIN HKSE:06865 SZSE:000786 AAON
Traded in Other Exchanges
ROCKBc:UK 0M0A:UK ROCK B:Denmark R90:Germany
Address
Hovedgaden 584, Hedehusene, DNK, 2640
Website
https://www.rockwool.com
Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

Rockwool AS (OCSE:ROCK A) Headlines

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